Liquid AI Secures $250 Million in Largest Massachusetts AI Deal of 2024
The Cambridge-based startup, valued at over $2 billion, partners with AMD to develop efficient, industry-specific AI models.
- Liquid AI raised $250 million in a Series A funding round led by AMD, marking the largest AI-related venture capital deal in Massachusetts this year.
- The company specializes in Liquid Neural Networks, a technology inspired by the brain of the C. elegans worm, offering smaller, more efficient AI models compared to traditional cloud-based systems.
- AMD's strategic partnership will enable optimization of Liquid AI's models for AMD's GPUs, CPUs, and AI accelerators.
- The funding will support the development of tailored AI applications for industries including consumer electronics, biotechnology, telecommunications, financial services, and e-commerce.
- Liquid AI's technology allows AI tasks to run on personal devices without relying on cloud servers, enhancing privacy and accessibility.